BTC falling to retest?Looks like BTC will fall to retest the most recent support levels...
Also, my previous EURUSD Long has been closed. Profits were taken & I’m now short, expecting a new weekly low next week... or bounce off the most recent low, at which I will reverse to go long for at least the next month.
Billionairetomboi
EURUSD Trade is in profitI previously posted a LONG entry on the eurusd. Entry was at a 1 min double bottom, just before price crossed & held the pink downward sloping, dashed line. 1st profit target is the purple line, unless the 1st box cannot be passed & price holds above. In which case I’ll exit & reverse for a SHORT to the bottom red line.
btc pullbackbtc just held the upward sloping trend. i've already added to my position, awaiting a pullback to add more as long as the trend holds.these new shares i've entered will be sold if price cannot break through & hold the top red line. this will exhibit weakness & potential failure of this position, resulting in the upward sloping (green line) trend. a failure of this trend will produce a significant pullback in the BTC price. see my previous charts for how low BTC is likely to drop before going any higher (if the upward sloping (green line) trend fails..
BTC Pullback?Any decent trader can see what I see here on the DAILY. I'd be looking to add to my LONG-TERM position at a breakout to the upside, above the downward sloping white diagonal line. If this current support level (the upper green line) fails, I"d be looking for buy opportunities at the bottom green line, a solid area of buy support.
I'd appreciate your feedback on how I may make my chart drawings better for you guys. Hope they help! :>